Failure of the market force to produce satisfactory result
Superiority of the centrally planned economy over the private enterprise economy
Result-oriented nature of the private enterprise economy
Cost-minimisation strategy of a mixed economy
Correct answer is A
No explanation has been provided for this answer.
The use of legally permissible means to reduce tax liabilities is known as tax
Evasion
Avoidance
Reliefs
Exemption
Correct answer is B
No explanation has been provided for this answer.
What to produce in any society is determined by the
Expenditure of the people on different commodities
Competition among the different producers
Competition among the different consumers
Supply and demand in the factor markets
Correct answer is D
No explanation has been provided for this answer.
Stock and shares as well as bonds are examples of instruments used in the
Commodity markets
Money markets
Capital markets
Security markets
Correct answer is D
No explanation has been provided for this answer.
Check how much he has
Find out which is the cheapest of the items
Draw up a scale of preference
Weigh the opportunity cost of each item against the other
Correct answer is C
No explanation has been provided for this answer.